Asahi Life Asset Management Co., LTD.

Name: ASAHI LIFE ASSET MANAGEMENT CO., LTD. 13F holdings, Q1 2025
Creator: ASAHI LIFE ASSET MANAGEMENT CO., LTD.
Published: 2025-05-02

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Asahi Life Asset Management Co., LTD. reported 156 stock positions worth $154.5 million. Its top holding was Apple (AAPL) at 5.6% of the portfolio, followed by Microsoft (MSFT, 5.6%) and Nvidia (NVDA, 3.9%). Compared with Q4 2024, it opened 62 new positions, sold out of 69, added to 35 and reduced 53. The biggest buy was Unitedhealth (UNH, shares +9%) and the biggest sale Nvidia (NVDA, shares −6%).

Most Recent 13F: Q2 2026
Location: TOKYO, M0
CIK: 0001564835
Portfolio Value: $154.5M (Q1 2025)
SEC Filing: 0001754960-25-000269 ↗ filed May 2, 2025

Holdings Value

Holdings 156 stocks · $154.5M


AAPL Apple Inc.	5.57%	38,715	$8.6M	Add +0.5%
MSFT Microsoft Corp.	5.55%	22,859	$8.6M	Add +0.7%
NVDA Nvidia Corp.	3.90%	55,638	$6.0M	Reduce -6.4%
UNH Unitedhealth Group Inc.	3.84%	11,328	$5.9M	Add +8.6%
GS Goldman Sachs Group Inc.	3.52%	9,953	$5.4M	Add +11.6%
AMZN Amazon.com Inc.	3.27%	26,543	$5.1M	Reduce -3.2%
HD Home Depot Inc.	2.73%	11,508	$4.2M	Reduce -0.3%
V Visa Inc. Class A	2.54%	11,183	$3.9M	Reduce -7.8%
JPM JPMorgan Chase & Co.	2.44%	15,363	$3.8M	Add +15.7%
SHW The Sherwin-Williams Co.	2.31%	10,198	$3.6M	Reduce -0.3%
GOOGL Alphabet Inc. Class A	2.21%	22,065	$3.4M	Reduce -5.0%
AXP American Express Co.	1.92%	11,048	$3.0M	Add +23.9%
CAT Caterpillar Inc.	1.90%	8,878	$2.9M	Reduce -0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.89%	11,748	$2.9M	Add +9.5%
CRM Salesforce Inc.	1.85%	10,678	$2.9M	Reduce -8.7%
MCD McDonald's Corp.	1.80%	8,878	$2.8M	Reduce -0.4%
AMGN Amgen Inc.	1.79%	8,878	$2.8M	Reduce -19.1%
META Meta Platforms Inc. Class A	1.71%	4,575	$2.6M	Reduce -5.2%
HON Honeywell International Inc.	1.57%	11,488	$2.4M	Add +12.3%
TRV The Travelers Cos Inc.	1.52%	8,878	$2.3M	Reduce -0.4%
PG The Procter & Gamble Co.	1.45%	13,128	$2.2M	Reduce -15.7%
JNJ Johnson & Johnson	1.44%	13,428	$2.2M	Reduce -0.3%
CVX Chevron Corp.	1.11%	10,268	$1.7M	Reduce -27.9%
LLY Eli Lilly & Co.	1.00%	1,866	$1.5M	Add +57.3%
MRK Merck & Co. Inc.	0.99%	17,020	$1.5M	Add +57.3%
BA The Boeing Co.	0.98%	8,878	$1.5M	Reduce -0.4%
TSLA Tesla Inc.	0.90%	5,374	$1.4M	Reduce -5.0%
MMM 3M Co.	0.84%	8,878	$1.3M	Reduce -29.1%
WMT Walmart Inc.	0.79%	13,904	$1.2M	Reduce -20.8%
KO The Coca-Cola Co.	0.76%	16,478	$1.2M	Reduce -0.8%
AVGO Broadcom Inc.	0.74%	6,840	$1.1M	Reduce -20.5%
CSCO Cisco Systems Inc.	0.67%	16,658	$1.0M	Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B	0.66%	1,917	$1.0M	Reduce -40.4%
XOM Exxon Mobil Corp.	0.64%	8,285	$985K	Reduce -3.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.57%	8,878	$876K	Reduce -0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.53%	19,680	$821K	Add +45.1%
VZ Verizon Communications Inc.	0.50%	16,898	$766K	Add +89.5%
PM Philip Morris International	0.49%	4,760	$756K	Reduce -18.4%
WFC Wells Fargo & Co.	0.48%	10,385	$746K	New
GE General Electric filed as GE AEROSPACE	0.48%	3,675	$736K	Reduce -9.0%
MA Mastercard Inc. Class A	0.45%	1,279	$701K	Reduce -21.5%
QCOM Qualcomm Inc.	0.40%	4,055	$623K	Reduce -3.6%
PLTR Palantir Technologies Inc. Class A	0.40%	7,270	$614K	Reduce -18.3%
PGR Progressive Corp.	0.39%	2,155	$610K	Add +95.9%
CMCSA Comcast Corp. Class A	0.38%	15,990	$590K	Add +6.7%
BLK BlackRock Inc.	0.38%	618	$585K	Add +4.8%
ELV Elevance Health Inc.	0.37%	1,300	$565K	Add +59.5%
COP Conocophillips	0.37%	5,380	$565K	Add +151.4%
NKE Nike Inc. Class B	0.36%	8,878	$564K	Reduce -0.4%
UBER Uber Technologies Inc.	0.36%	7,610	$554K	Reduce -1.4%
MO Altria Group Inc.	0.36%	9,220	$553K	Reduce -5.9%
SCHW Schwab (charles) Corp.	0.35%	6,980	$546K	Add +122.3%
DHR Danaher Corp.	0.35%	2,630	$539K	New
ADP Automatic Data Processing	0.35%	1,755	$536K	New
DUK Duke Energy Corp.	0.35%	4,375	$534K	New
C Citigroup Inc.	0.35%	7,510	$533K	Reduce -14.7%
MS Morgan Stanley	0.34%	4,540	$530K	Add +87.6%
SO The Southern Co.	0.33%	5,590	$514K	New
CI The Cigna Group	0.33%	1,550	$510K	No change
COST Costco Wholesale Corp.	0.33%	533	$504K	Reduce -38.6%
TDG Transdigm Group Inc.	0.32%	358	$495K	New
PANW Palo Alto Networks Inc.	0.32%	2,870	$490K	New
MSI Motorola Solutions Inc.	0.30%	1,076	$471K	Add +6.0%
NEM Newmont Corp.	0.30%	9,690	$468K	New
EXC Exelon Corp.	0.30%	9,940	$458K	No change
GEV GE Vernova Inc.	0.30%	1,500	$458K	Reduce -4.2%
CRWD CrowdStrike Holdings Inc. Class A	0.30%	1,295	$457K	New
KR Kroger Co.	0.29%	6,670	$451K	Reduce -1.2%
NFLX Netflix Inc.	0.29%	484	$451K	Reduce -56.6%
BX Blackstone Inc.	0.29%	3,200	$447K	Add +4.9%
CTAS Cintas Corp.	0.29%	2,170	$446K	Add +0.2%
ADI Analog Devices Inc.	0.29%	2,185	$441K	New
ED Consolidated Edison Inc.	0.28%	3,930	$435K	New
REGN Regeneron Pharmaceuticals	0.28%	685	$434K	New
COR Cencora Inc.	0.28%	1,550	$431K	New
MFC Manulife Financial Corp.	0.28%	13,820	$431K	New
ITW Illinois Tool Works	0.28%	1,730	$429K	New
PNC PNC Financial Services Group	0.28%	2,440	$429K	New
AEP American Electric Power	0.27%	3,830	$419K	Add +8.8%
DASH DoorDash Inc. Class A	0.27%	2,265	$414K	Reduce -5.6%
AXON Axon Enterprise Inc.	0.27%	785	$413K	New
MSTR Strategy Inc. filed as MICROSTRATEGY INC	0.27%	1,430	$412K	New
GM General Motors Co.	0.27%	8,750	$412K	New
TRP TC Energy Corp.	0.26%	8,655	$409K	Add +24.7%
FAST Fastenal Co.	0.26%	5,250	$407K	New
PAYX Paychex Inc.	0.26%	2,630	$406K	New
FNV Franco-Nevada Corp.	0.26%	2,570	$404K	Add +9.4%
KVUE Kenvue Inc.	0.26%	16,840	$404K	Add +0.1%
CPRT Copart Inc.	0.26%	7,130	$403K	New
EMR Emerson Electric Co.	0.26%	3,680	$403K	New
CNC Centene Corp.	0.26%	6,580	$399K	Add +11.9%
EQT Eqt Corp.	0.26%	7,460	$399K	New
DRI Darden Restaurants Inc.	0.26%	1,900	$395K	New
WPM Wheaton Precious Metals Corp.	0.25%	5,070	$393K	Add +2.8%
VRSK Verisk Analytics Inc.	0.25%	1,320	$393K	New
PEP Pepsico Inc.	0.25%	2,615	$392K	No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM	0.25%	6,930	$390K	New
ALNY Alnylam Pharmaceuticals Inc.	0.25%	1,440	$389K	Reduce -2.7%
CTRA Coterra Energy Inc.	0.25%	13,410	$388K	Reduce -0.7%
VEEV Veeva Systems Inc. Class A	0.25%	1,670	$387K	New
EXE Expand Energy Corp.	0.25%	3,450	$384K	New
USB US Bancorp	0.25%	9,070	$383K	New
ABBV Abbvie Inc.	0.25%	1,820	$381K	Reduce -65.6%
BMRN Biomarin Pharmaceutical Inc.	0.25%	5,380	$380K	New
HUM Humana Inc.	0.24%	1,430	$378K	Add +0.7%
DG Dollar General Corp.	0.24%	4,300	$378K	New
ETR Entergy Corp.	0.24%	4,420	$378K	New
MAR Marriott International Class A	0.24%	1,580	$376K	New
T AT&T Inc.	0.24%	13,260	$375K	New
ACI Albertsons Cos Inc. Class A	0.24%	17,010	$374K	Reduce -1.5%
QSR Restaurant Brands Intern	0.24%	5,480	$365K	New
WBD Warner Bros Discovery Inc.	0.23%	33,630	$361K	New
ROL Rollins Inc.	0.23%	6,660	$360K	New
SE Sea Ltd.-ADR	0.23%	2,716	$354K	Add +17.3%
KHC The Kraft Heinz Co.	0.23%	11,550	$351K	New
NTNX Nutanix Inc. Class A	0.23%	5,000	$349K	New
ADM Archer-Daniels-Midland Co.	0.22%	7,170	$344K	New
GEN Gen Digital Inc.	0.22%	12,950	$344K	No change
IP International Paper Co.	0.22%	6,440	$344K	New
FLUT Flutter Entertainment PLC-Di	0.22%	1,540	$341K	New
ODFL Old Dominion Freight Line	0.22%	2,060	$341K	Add +13.8%
INTU Intuit Inc.	0.22%	553	$340K	Reduce -49.4%
TMO Thermo Fisher Scientific Inc.	0.22%	682	$339K	New
APP AppLovin Corp. Class A	0.22%	1,280	$339K	Reduce -7.3%
HBAN Huntington Bancshares Inc.	0.22%	22,540	$338K	New
OMC Omnicom Group	0.22%	4,080	$338K	Add +17.2%
PAYC Paycom Software Inc.	0.22%	1,540	$336K	New
ABT Abbott Laboratories	0.22%	2,525	$335K	New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX	0.22%	7,050	$334K	Add +1.4%
ZS Zscaler Inc.	0.22%	1,675	$332K	New
FE Firstenergy Corp.	0.21%	8,180	$331K	New
LUV Southwest Airlines Co.	0.21%	9,800	$329K	Reduce -9.4%
GGG Graco Inc.	0.21%	3,930	$328K	New
WBA Walgreens Boots Alliance Inc.	0.21%	29,140	$325K	Reduce -20.8%
BIIB Biogen Inc.	0.21%	2,345	$321K	Add +2.6%
ADBE Adobe Inc.	0.21%	836	$321K	Reduce -47.3%
SYF Synchrony Financial	0.20%	5,950	$315K	New
AOS Smith (a.o.) Corp.	0.20%	4,780	$312K	New
FCNCA First Citizens Bcshs Class A	0.20%	168	$311K	New
HOOD Robinhood Markets Inc. Class A	0.20%	7,370	$307K	New
DELL Dell Technologies -C	0.20%	3,330	$304K	New
DOCU Docusign Inc.	0.20%	3,700	$301K	Reduce -23.2%
LVS Las Vegas Sands Corp.	0.19%	7,750	$299K	New
MGA Magna International Inc.	0.19%	8,590	$292K	New
INCY Incyte Corp.	0.19%	4,780	$289K	No change
TMUS T-Mobile US Inc.	0.18%	1,060	$283K	Reduce -55.6%
BBY Best Buy Co. Inc.	0.18%	3,830	$282K	No change
TEAM Atlassian Corp. Class A	0.18%	1,320	$280K	New
DKNG Draftkings Inc. Class A	0.18%	8,370	$278K	Reduce -8.7%
EIDO iShares MSCI Indonesia ETF	0.18%	16,990	$277K	Add +9.6%
IOT Samsara Inc. Class A	0.18%	7,180	$275K	New
PFE Pfizer Inc.	0.18%	10,850	$275K	Reduce -6.2%
BSY Bentley Systems Inc. Class B	0.18%	6,900	$271K	New
ALGN Align Technology Inc.	0.17%	1,680	$267K	New
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.17%	2,150	$262K	New
LOW Lowe's Cos Inc.	0.17%	1,115	$260K	Reduce -49.1%

Portfolio Sells Q4 2024 → Q1 2025


NVDA Nvidia Corp.	Reduce -6.4%	3.90%	−0.96
CRM Salesforce Inc.	Reduce -8.7%	1.85%	−0.53
ORCL Oracle Corp.	Sold out	0.00%	−0.52
TSLA Tesla Inc.	Reduce -5.0%	0.90%	−0.49
AVGO Broadcom Inc.	Reduce -20.5%	0.74%	−0.47
GOOGL Alphabet Inc. Class A	Reduce -5.0%	2.21%	−0.47
NOW ServiceNow Inc.	Sold out	0.00%	−0.46
AMZN Amazon.com Inc.	Reduce -3.2%	3.27%	−0.40
SPGI S&P Global Inc.	Sold out	0.00%	−0.39
BMY Bristol-Myers Squibb Co.	Sold out	0.00%	−0.33
ABBV Abbvie Inc.	Reduce -65.6%	0.25%	−0.33
CB Chubb Ltd.	Sold out	0.00%	−0.32
MRSH Marsh & McLennan Cos	Sold out	0.00%	−0.32
VRTX Vertex Pharmaceuticals Inc.	Sold out	0.00%	−0.31
NFLX Netflix Inc.	Reduce -56.6%	0.29%	−0.31
MCO Moody's Corp.	Sold out	0.00%	−0.31
SHOP Shopify Inc. Class A	Sold out	0.00%	−0.30
PYPL PayPal Holdings Inc.	Sold out	0.00%	−0.29
LMT Lockheed Martin Corp.	Sold out	0.00%	−0.29
FDX FedEx Corp.	Sold out	0.00%	−0.29
WMB Williams Cos Inc.	Sold out	0.00%	−0.28
FTNT Fortinet Inc.	Sold out	0.00%	−0.28
CEG Constellation Energy	Sold out	0.00%	−0.27
MELI MercadoLibre Inc.	Sold out	0.00%	−0.26
LNG Cheniere Energy Inc.	Sold out	0.00%	−0.26
ORLY O'reilly Automotive Inc.	Sold out	0.00%	−0.26
TD Toronto-Dominion Bank	Sold out	0.00%	−0.25
ACN Accenture PLC Class A	Sold out	0.00%	−0.25
SRE Sempra	Sold out	0.00%	−0.25
D Dominion Energy Inc.	Sold out	0.00%	−0.25
VRSN Verisign Inc.	Sold out	0.00%	−0.24
RIVN Rivian Automotive Inc. Class A	Sold out	0.00%	−0.24
CAH Cardinal Health Inc.	Sold out	0.00%	−0.23
DAL Delta Air Lines Inc.	Sold out	0.00%	−0.23
BRK.B Berkshire Hathaway Inc. Class B	Reduce -40.4%	0.66%	−0.23
LIN Linde PLC	Sold out	0.00%	−0.23
AMD Advanced Micro Devices	Sold out	0.00%	−0.22
EFX Equifax Inc.	Sold out	0.00%	−0.22
ACGL Arch Capital Group Ltd.	Sold out	0.00%	−0.22
ADBE Adobe Inc.	Reduce -47.3%	0.21%	−0.22
APTV Aptiv PLC	Sold out	0.00%	−0.22
TWLO Twilio Inc. Class A	Sold out	0.00%	−0.22
ISRG Intuitive Surgical Inc.	Sold out	0.00%	−0.22
OKTA Okta Inc.	Sold out	0.00%	−0.22
FTV Fortive Corp.	Sold out	0.00%	−0.22
CVS CVS Health Corp.	Sold out	0.00%	−0.22
NRG NRG Energy Inc.	Sold out	0.00%	−0.22
FDS Factset Research Systems Inc.	Sold out	0.00%	−0.21
BIO Bio-Rad Laboratories-A	Sold out	0.00%	−0.21
SSNC Ss&c Technologies Holdings	Sold out	0.00%	−0.21

Portfolio Buys Q4 2024 → Q1 2025


UNH Unitedhealth Group Inc.	Add +8.6%	3.84%	+0.62
JPM JPMorgan Chase & Co.	Add +15.7%	2.44%	+0.50
WFC Wells Fargo & Co.	New	0.48%	+0.48
IBM Intl Business Machines Corp.	Add +9.5%	1.89%	+0.45
LLY Eli Lilly & Co.	Add +57.3%	1.00%	+0.44
GS Goldman Sachs Group Inc.	Add +11.6%	3.52%	+0.41
DHR Danaher Corp.	New	0.35%	+0.35
ADP Automatic Data Processing	New	0.35%	+0.35
DUK Duke Energy Corp.	New	0.35%	+0.35
MRK Merck & Co. Inc.	Add +57.3%	0.99%	+0.33
SO The Southern Co.	New	0.33%	+0.33
TDG Transdigm Group Inc.	New	0.32%	+0.32
PANW Palo Alto Networks Inc.	New	0.32%	+0.32
AXP American Express Co.	Add +23.9%	1.92%	+0.31
NEM Newmont Corp.	New	0.30%	+0.30
CRWD CrowdStrike Holdings Inc. Class A	New	0.30%	+0.30
ADI Analog Devices Inc.	New	0.29%	+0.29
ED Consolidated Edison Inc.	New	0.28%	+0.28
REGN Regeneron Pharmaceuticals	New	0.28%	+0.28
COR Cencora Inc.	New	0.28%	+0.28
VZ Verizon Communications Inc.	Add +89.5%	0.50%	+0.28
MFC Manulife Financial Corp.	New	0.28%	+0.28
ITW Illinois Tool Works	New	0.28%	+0.28
PNC PNC Financial Services Group	New	0.28%	+0.28
AXON Axon Enterprise Inc.	New	0.27%	+0.27
MSTR Strategy Inc.	New	0.27%	+0.27
GM General Motors Co.	New	0.27%	+0.27
FAST Fastenal Co.	New	0.26%	+0.26
PAYX Paychex Inc.	New	0.26%	+0.26
CPRT Copart Inc.	New	0.26%	+0.26
EMR Emerson Electric Co.	New	0.26%	+0.26
EQT Eqt Corp.	New	0.26%	+0.26
DRI Darden Restaurants Inc.	New	0.26%	+0.26
VRSK Verisk Analytics Inc.	New	0.25%	+0.25
CM Can Imperial BK of Commerce	New	0.25%	+0.25
VEEV Veeva Systems Inc. Class A	New	0.25%	+0.25
EXE Expand Energy Corp.	New	0.25%	+0.25
USB US Bancorp	New	0.25%	+0.25
BMRN Biomarin Pharmaceutical Inc.	New	0.25%	+0.25
DG Dollar General Corp.	New	0.24%	+0.24
ETR Entergy Corp.	New	0.24%	+0.24
MAR Marriott International Class A	New	0.24%	+0.24
T AT&T Inc.	New	0.24%	+0.24
QSR Restaurant Brands Intern	New	0.24%	+0.24
COP Conocophillips	Add +151.4%	0.37%	+0.24
PGR Progressive Corp.	Add +95.9%	0.39%	+0.23
WBD Warner Bros Discovery Inc.	New	0.23%	+0.23
ROL Rollins Inc.	New	0.23%	+0.23
KHC The Kraft Heinz Co.	New	0.23%	+0.23
NTNX Nutanix Inc. Class A	New	0.23%	+0.23

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	158	$177.0M	CAT, AAPL, NVDA, GOOGL, GS
Q1 2026	150	$154.7M	NVDA, AAPL, MSFT, GS, CAT
Q4 2025	156	$179.4M	MSFT, NVDA, AAPL, GS, GOOGL
Q3 2025	153	$180.3M	MSFT, NVDA, AAPL, GS, AMZN
Q2 2025	155	$171.2M	MSFT, NVDA, AAPL, GS, AMZN
Q1 2025	156	$154.5M	AAPL, MSFT, NVDA, UNH, GS
Q4 2024	163	$164.0M	AAPL, MSFT, NVDA, AMZN, UNH
Q3 2024	155	$165.2M	MSFT, AAPL, NVDA, UNH, AMZN
Q2 2024	144	$145.4M	MSFT, AAPL, NVDA, AMZN, UNH
Q1 2024	166	$166.8M	MSFT, AAPL, UNH, AMZN, HD